During these difficult economic times, executives are in a constant pursuit for the most cost effective approaches to legal fees. Helping your clients establish and maintain procedures to deal with and managing skyrocketing legal costs are becoming a critical part of your business relationships. This webcast organized by The Knowledge Group is designed for attorneys and their clients and will provide fundamental information on Legal Costs Management including:

- Critical issues
- A new paradigm for lawyer-client relationships
- Dealing with billing audits
- Innovative and up-to-date approaches to managing legal costs
- Up to the minute business trends in this area

Join this LIVE two-hour webcast to hear legal and financial experts discuss their substantive viewpoints on this topic. A live interaction with the audience in a question and answer format is also included in this event. Click the “Register” button below to enroll in this course. Hurry as space is limited and significant discounts apply to early registrants.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 104010
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Proposed Agenda (click here to view more) SEGMENT 1: Charlie J. Gambino, Director and Senior Counsel Deutsche Bank AG New York Developing and maintaining a panel of preferred law firms that provide us discounted hourly rates across all experience levels. Requesting three to four law firms that are on our panel of preferred law firms to bid on specific litigations or regulatory matters. Unless there are exceptional circumstances, we will retain the law firm that provides the lowest bid. We are also moving away from the traditional hourly rate model and are requesting our preferred law firms to consider flat, capped and success fees, as appropriate. Finally, we have requested our preferred law firms to work with our offshore law firms to conduct all document reviews, preparation of privilege logs and other document intensify projects that arise in litigation and regulatory matters. SEGMENT 2: Irving B. Levinson , Partner, K&L Gates LLP Slashing Litigation Costs by a Proactive and Comprehensive Use of Mediation and Other ADR Processes The largest expense item in your client’s legal budgets can be dramatically slashed by far more aggressive participation in mediation and arbitration. Mediation, when approached systematically, can provide more sensible business resolutions to disputes at a fraction of the cost, and with far less painful disruption to your client’s business. The “360° mediation” will optimize your likelihood of successful mediations. When mediation fails, arbitration can be structured in ways that are also far less expensive and less “painful” than conventional litigation. Take on the role of “ADR coach” to your business clients and you will have grateful clients who return again and again for your good counsel. SEGMENT 3: Jeff Litvak, Senior Managing Director/Forensic & Litigation Consulting, F T I Have a case strategy continually updated and budget prepared as best you can for the whole case prior to commencing the litigation (phases/scope). Consider alternative billing models: Execution of a preferred provider agreement with attorneys and financial experts Flat fee for each phase of the budget Discounted rate models Incentive /success fees based on results – not for financial experts The more business which a law firm receives, the greater the discount to rates. Early Dispute Resolution (EDR) could be helpful in settling cases “early on” and reducing litigation costs. This would entail the use of your law firm and economic experts who are versed in EDR: Preliminary assessment of liability (early on); Preliminary assessment of damages exposure and possible settlement options “early on” Settlement discussions early on Movement to formal mediation has been a trend to decrease overall litigation costs Constant communication (weekly) of fees incurred, expected fees for the next week and long term expected fees. SEGMENT 4: Stewart M. Weltman, Principal, Futterman Howard Ashley Watkins & Weltman, P.C. Develop A Litigation Game Plan Motion practice/trial Discovery Save money with your discovery litigation plan Exit strategy

Who Should Attend?

- In-house Counsel
- Managing Counsel
- Law Firm Executive
- Outside Counsel
- COO/CFO of Corporate Legal Departments
- Corporate Heads (Executive Directors, Finance Directors, Managing Directors, Controllers, Analysts)

Why Attend?

This is a must attend event to understand the fundamentals of Legal Cost Management.
- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

** Discounts apply for early registration

Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.

 

 

 

 

Partnering with Your Clients and Helping Them to Effectively Manage Their Legal Costs
LIVE Webcast
Speaker Firms:

The Knowledge Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit. Attention New York Attorneys: This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less. To Claim Your CLE Credits: The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board. To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml

Enrolled Agents Sponsor ID Number: 760 We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. "We bring together the world's leading authorities and industry participants through informative two-hour webinars to study the impact of changing regulations."

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